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merger related effects on small business lending in Germany from a bank-level perspective. Furthermore, we estimate small … strong evidence that in Germany merging savings banks do not significantly change the extent to which they lend to small … for panel data as proposed by Arellano and Bond (1991). -- Bank mergers ; small business lending …
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We measure the consequences of asymmetric information and imperfect competition in the Italian lending market. We show that banks' optimal price response to an increase in adverse selection varies with competition. Exploiting matched data on loans and defaults, we estimate models of demand for...
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